400 West Huron Hits 65-Percent Sold Just Two Months After Opening

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Smithfield Properties’ latest condominium project in River North selling well thanks to pent-up demand and innovative design

400 West Huron

400 West Huron

When it’s all said and done, I believe 400 West Huron will stand as one of the iconic buildings in River North. I have a feeling that once we sell out, this will be a hard building to buy into via the resale market

400 West Huron, a new high-rise condominium development by Chicago-based Smithfield Properties, has eclipsed the 65-pecent-sold mark just two months after starting sales.

According to Thaddeus Wong, co-founder of Chicago-based @properties, the exclusive sales and marketing firm for 400 West Huron, the project’s early success signals strong demand for luxury condominiums in downtown Chicago, as well as an appreciation for the innovative features – like marble flooring in living areas and private garage bays – that Smithfield has introduced for its latest River North development.

Located at the corner of Huron and Sedgwick streets, 400 West Huron offers 25 condominiums with two- to four-bedroom floor plans ranging from 2,144 to 4,091 square feet. Remaining homes are priced from $1.2 million to $3.1 million, which includes a private two- or three-car garage, per plan.

The 15-story building designed by Berkelhamer Architects is scheduled to break ground early this summer with deliveries slated for fall 2016.

“When it’s all said and done, I believe 400 West Huron will stand as one of the iconic buildings in River North. I have a feeling that once we sell out, this will be a hard building to buy into via the resale market,” said Wong.

“We have a number of buyers at 400 Huron who have been waiting to buy new construction for a long, long time. This is the first building that has inspired them to take action,” added Bill Smith, founder and president of Smithfield Properties. “We’ve struck the right chord with bold architecture, clean-lined interiors, and generous indoor and outdoor living spaces.”

Condominiums at 400 West Huron boast distinctive finishes including 24” x 24” marble, slate or limestone tile flooring in living areas; Valcucine kitchen and bathroom cabinetry; 10’ ceilings; and Miele integrated stainless steel appliances. All remaining units have expansive terraces with up to 550 square feet of outdoor living space.

Additional features include floor-to-ceiling windows; organized closets; 8’ solid-core interior doors with Baldwin hardware; Grohe and Toto plumbing fixtures; and multi-zone year round heating and air conditioning.

Private garages at 400 West Huron are another feature that appeals to luxury buyers. Within the building’s main garage, homeowners access their own fully enclosed two- or three-car garage bay through a separate overhead door.

Homeowners will also enjoy a wide range of amenities, including a 24-hour doorman, fitness center, climate-controlled wine storage, and heated dog run.

A sales center and furnished model for 400 West Huron are located on site. Sales center hours are Saturday and Sunday 12 to 5 PM and by appointment. For more information, visit http://www.400WHuron.com or call 312-703-0400.

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About Smithfield Properties
Smithfield Properties, LLC is a Chicago-based real estate development company owned and operated by W. Harris Smith. The developer’s real estate experience includes award winning residential high-rise condominiums, retail shopping centers, townhouses, industrial projects, student housing and high rise mixed use projects. Recent notable projects include 30 West Oak, SoNo, Erie on the Park and currently under construction 805 North LaSalle, a 300 unit rental tower. For more information, visit http://www.smith-field.com.

About @properties
Established in 2000, @properties is the largest independent real estate brokerage firm in Illinois and one of the top 12 residential brokers in the U.S. @properties has 17 office locations in the city, northern suburbs and southwest Michigan. For more information, visit http://www.atproperties.com.

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Peter Olesker
@properties
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